1209-188 Fairview mall Drive, Toronto, ON

Don Valley Village, Toronto · MLS® C13140686

$2,150/mo
For Lease
Listed 65 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

Excellent location, just steps to Fairview Mall. This beautiful 1-bedroom, 1-bathroom condo offers a spacious and highly functional layout, complete with a large private balcony.Featuring laminate flooring throughout and floor-to-ceiling windows, the unit is filled with natural light. A modern kitchen complements the well-designed living space, ideal for comfortable everyday living.Conveniently located near the subway, bus station, restaurants, and schools. Close to supermarkets with easy access to Highways 401, 404, and the DVP. Situated in a sought-after master-planned community at Don Mills & Sheppard.Enjoy excellent building amenities including a gym, party room, concierge, and visitor parking.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13140686
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
DON MILLS RD/SHEPPARD AVE
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Exposure
East
Days on market
65
Listing brokerage
ZOLO REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$1,900/moest. value

Listed at $2,150/mo, this rental is about 13% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Don Valley Village lately, landlords have been getting about 98% of asking and homes lease in about 24 days.

Based on 17 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 17 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $1,950/mo
  • Adjusts to $1,950/mo

That comparable adjusts to $1,950/mo; the $1,900/mo estimate above is the median of all 17 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Georges Vanier Secondary School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$1,750/moBelow market$2,150/moAbove market

Total price vs nearby homes. Fair value about $1,900/mo, median of 17 comparables.

Comparable listingsCurrently listed nearby in Don Valley Village · asking prices
$1,890avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1702-188 Fairview Mall Drive$2,1002309-188 Fairview Mall Drive$1,9501605-188 Fairview Mall Drive$1,8001105-188 Fairview Mall Drive$1,8001506-188 Fairview mall Drive$1,800

The 5 closest of 6 active listings nearby.

See all comparable homes
2,150This home2,1001,9501,8001,8001,800This home vs active comparables
Live market pulseActive comparables in Don Valley Village · median list $2K
6active listings nearby
65days on market
100leased nearby · 90 days
$2Kmedian leased price
98%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Don Valley Village, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bayview Village
$3K
North St. James Town
$2K
Annex
$2K
Church-Yonge Corridor
$2K
Bay Street Corridor
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Kingslake Public School
55%
Kingslake Public SchoolPublic · Elementary · 0.6 km awayBelow the GTA average · 55% meet the provincial standard
Our Lady of GuadalupeEQAO results not published

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $10Property tax $1Total carry $11

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,720 · 4.14% over 25 years

$430Down payment (20.0%)
$1,720Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$22

Plus your down payment of $430. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,034Total interest paid
$2,754Total of all payments
Principal $1,720 Interest $1,034
YearPrincipalInterestBalance
1$40$70$1,680
2$42$68$1,638
3$44$66$1,594
4$46$65$1,548
5$47$63$1,501
6$49$61$1,452
7$52$59$1,400
8$54$56$1,346
9$56$54$1,290
10$58$52$1,232
11$61$49$1,171
12$63$47$1,108
13$66$44$1,042
14$69$42$974
15$72$39$902
16$75$36$828
17$78$33$750
18$81$29$669
19$84$26$585
20$88$22$497
21$91$19$406
22$95$15$310
23$99$11$211
24$103$7$108
25$108$2$0

At the end of your 5-year term

Total paid over the term
$551
Principal paid down
$219
Interest paid
$332
Balance remaining
$1,501

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ZOLO REALTY. MLS®/PropTx.

CallRequest a showing